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Powering Global Payment
& Settlement Innovation

Digitally-driven, regulation-compliant, and globally connected PSP solutions with GiftCityAdvisor.

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What is IFSCA?

IFSCA is the unified regulator for financial services in India’s International Financial Services Centre (IFSC), GIFT City. It governs payment and settlement systems, fund management, insurance, banking, and capital markets — offering a seamless international financial ecosystem.

Why Operate a Payment Business from IFSC?

  • Full Foreign Ownership: Set up as a 100% foreign-owned company in IFSC.
  • Currency Flexibility: Operate e-wallets and payment services in multiple foreign currencies like USD, EUR, GBP, etc.
  • Tax Benefits: Avail up to 100% tax exemption for 10 out of 15 years.
  • No INR Limitation: Transactions in INR are restricted, maintaining offshore character.
  • Global Reach: Serve customers inside and outside IFSC under one license.

Payment Business You Can Do in IFSC

IFSCA’s Payment Services framework allows global fintechs and PSPs to operate seamlessly within GIFT City.

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Cross-Border Money Transfers

Transfer funds from IFSC to anywhere in the world and vice versa — even if sender and receiver are the same person.

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Merchant Acquisition Services

Act as a payment aggregator, offer digital checkout services, and settle funds for merchants globally.

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Account Issuance (E-wallets)

Issue digital wallets in major global currencies — fully compliant, cashless, and secure.

How to Set Up a Payment System Unit in IFSC?

Setting up a Payment System Provider (PSP) unit in GIFT City’s IFSC is streamlined under IFSCA’s dedicated regulatory regime. This ecosystem enables global payment operators to scale cross-border, wallet, and merchant acquisition services efficiently and compliantly.
Here’s a step-by-step guide:

Indian and foreign fintech firms

Payment aggregators, e-wallet issuers, remittance service providers

Entities with proven digital or financial tech capabilities

  • Application form (Form-A as per IFSCA PSP Regulations)

  • Detailed business plan and compliance roadmap

  • AML/KYC and risk control documentation

  • Audited financials and ownership structure

Want to know how long your setup will take? Try the Licensing Timeline Tool.

Use our real-time Licensing Timeline calculator. We analyze your needs and provide a personalized estimate.

-> Try the Licensing Timeline Tool.

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Refer to the official IFSCA platform for detailed regulations. We simplify it for your ease.

Check it Out!

Ready to Launch Your PSP in GIFT City?

Reach out via the “Contact Us” button or connect with us on WhatsApp now!

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Want to See What You Gain? Try These Free Tools

Use our Free Investment Calculator’s to see how much you can save and earn by operating from Gift City and Gift City Advisory.

Tax Savings Estimator

Discover how much tax you can save by setting up in GIFT City.

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Licensing Timeline

Get a clear, step-by-step timeline to complete your GIFT City business registration smoothly.

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Regulatory Fit Checker

Quickly check if your business model aligns with GIFT City’s regulatory framework and benefits.

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Regulatory Highlights

Operating within IFSCA’s global-first PSP regime, units in GIFT City benefit from:

Capital Requirement

Minimum Net Worth of USD 1 million (subject to PSP category)
Let’s connect to know more
about requirements.

Risk & Compliance Norms:

Adherence to AML/CFT standards, real-time fraud monitoring, and grievance redressal systems.

Digital Infrastructure

100% digital onboarding, real-time settlements, and interoperable APIs for global payments.

Services We Offer as Your
GiftCityAdvisor

At GiftCityAdvisor, we simplify the complexity of setting up a Payment System Unit in GIFT City by offering personalised, end-to-end support for IFSCA registration, licensing, and regulatory compliance. Whether you are a global fintech, remittance company, or a digital wallet startup, our solutions are tailored to your business model and growth stage.

ServiceDescription
Eligibility AssessmentEvaluate if your payment business qualifies for IFSCA’s PSP framework or sandbox entry.
Licensing SupportFull support across application preparation, documentation, and authority coordination.
Regulatory AdvisoryGuidance on compliance for wallets, remittances, merchant services, or cross-border payments.
Sandbox AssistanceEnd-to-end support for testing your fintech use case under IFSCA's Regulatory Sandbox.
Post-Launch ComplianceOngoing assistance with audits, IFSCA filings, compliance fees, and annual reports.

Talk to Our Advisors

Let’s make your GIFT City journey smooth and rewarding. Fill out a quick form, and our expert will call you back within 24 hours.